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Kevin O'Leary, of O'Leary Financial Group, is better known as the billionaire investor on ABC's "Shark Tank" offers insight on what kind of impact a major company like GE has on making a commitment to moving to a city like Boston.

Kevin O'Leary, of O'Leary Financial Group, is better known as the billionaire investor on ABC's "Shark Tank" offers insight on what kind of impact a major company like GE has on making a commitment to moving to a city like Boston.

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Updated: 7:44 PM EST Jan 13, 2016

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WEBVTT ANCHOR: WE WANT TO GO BACK TO THE BIG STORY OF THE DAY. GENERAL ELECTRIC MOVING TO BOSTON. YOU MAY KNOW HIM BETTER AS THE BILLIONAIRE INVESTOR. LET'S TALK ABOUT THE KIND OF IMPACT THIS HAS ON A MAJOR COMPANY LIKE THIS THAT MAKES A COMMITMENT TO A CITY LIKE BOSTON. BREXIT IS GREAT NEWS AREA THINK ABOUT BOSTON OVER THE LAST 20 YEARS. I'M A HOMETOWN BOY. COMPANIES' HEADQUARTERS REFLECT WHAT -- THEIR VALUES. THIS SPEAKS WELL FOR WHAT WE ARE DOING. IT IS A GREAT PLACE TO LIVE. IT IS A GREAT PLACE TO WORK. IT IS A GREAT PLACE TO RAISE CHILDREN. IT IS A GREAT PLACE TO WALK AROUND. IT IS ONE OF THE UNIQUE CITIES IN AMERICA. I HAVE A PARKING SPACE THAT COST MORE THAN MY HOME. I DO NOT EVEN PUT A CAR THERE. I AM HAPPY TO WALK AROUND. I CAN WALK TO OTHER THE RESTAURANTS, I WALK ACROSS THE HILL. I CAN WALK TO GE 'S YOU HEADQUARTERS. I CAN WALK EVERYWHERE EVEN WHEN IT IS SNOWING. HEATHER: OBVIOUSLY YOU WORK WITH PEOPLE TRYING TO BUILD THEIR OWN BUSINESS. DOES THE GE MO HELP THE LITTLE GUYVE ? >> THINK OF ALL THE PEOPLE THAT WORK FOR THOSE COMPANIES. THE ECOSYSTEM OF A GIANT MULTINATIONAL LIKE THAT DRAWS A TREMENDOUS AMOUNT OF SERVICE AND SUPPORT. THIS IS GREAT FOR HOMETOWN, NO QUESTION ABOUT IT. IT ALSO REALLY HELPS REAL ESTATE VALUES DOWNTOWN. THERE IS NO QUESTION BECAUSE YOU THINK ABOUT IT, PEOPLE WANT TO BE CLOSE TO WHERE THEY WORK. THEY WANT TO BE CLOSE TO WHERE THEY SERVICE, AND I THINK IT IS SPEAKING WELL TO THE DEVELOPMENT HAS GONE ON THE LAST 20 YEARS. BOSTON IS ABSOLUTELY ON FIRE. IT IS AN INTERNATIONAL CITY. PEOPLE LOVE THE CHARM OF IT, AT THE SAME TIME TO HAVE A HUGE MULTINATIONAL CALL IT IT'S HOME, IT IS ALL GOOD NEWS. THERE IS NO BAD NEWS HERE. HEATHER: WHAT ADVICE WOULD YOU GIVE TO SOMEONE IF THEY WON THE 1.5 AND DOLLARS TONIGHT? >> AND WANT TO WALK YOU THROUGH THE NUMBERS ON AN UNEMOTIONAL BASIS. I WOULD SAY THE THING IS WORTH $1.6 BILLION BY THE TIME THIS HAPPENS. FIRST OF ALL IF YOU WANT TO GET THE CASH OUT BECAUSE YOU DO NOT TRUST THE STATE TO PAY YOU FOR THE REST OF THE YEARS YOU ARE ALIVE, I THINK THAT IS THE RIGHT STRATEGY. YOU GIVE UP 50%. THAT LEAVES YOU -- LEAVES YOU WITH 800 MILLION. UNCLE SAM AND THE STATE IS THERE. YOU'RE LEFT WITH $400 MILLION. STILL PRETTY GOOD. LET'S SAY YOU ARE CONSERVATIVE AND YOU INVEST IN GOVERNMENT BONDS AND AAA CORPORATE SECURITIES. YOU SHOULD BE ABLE TO MAKE ABOUT 4% YEAR ON THAT. THAT IS $166,000 PER MONTH. NOT BAD AFTER TAXES. SO HERE IS THE STRATEGY. DO NOT SPEND A MONTH TO GET THE FIRST INTEREST PAYMENT. NEVER SPEND THE PRINCIPAL. IF YOU LOOK AT THE LOTTERY WINNERS OF THE LAST 20 YEARS, THE ONES THAT ARE GROWING TO IMMEDIATELY STARTED SPENDING THE CASH BEFORE THE HAD A CHANCE TO PUT IT TO WORK. ABOVE ALL, GET A GOOD LAWYER AND A GOOD FINANCIAL VISOR AND WHEN YOU ARE -- YOUR FAMILY COMES ASKING FOR MONEY TO OPEN THAT RESTAURANT, HERE IS WHAT YOU DO. YOU SAY NO. I WILL NOT LEND YOU ANY MONEY. I WILL GIVE YOU MONEY UNDER THE CONDITION AND ONLY ONE CONDITION YOU NEVER ASKED ME FOR ANY MORE AGAIN. THAT IS WHY THEY CALL ME MR. WONDERFUL.

Kevin O'Leary, of O'Leary Financial Group, is better known as the billionaire investor on ABC's "Shark Tank" offers insight on what kind of impact a major company like GE has on making a commitment to moving to a city like Boston.